Dimensional Fund Advisors LP Increases Position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

Dimensional Fund Advisors LP increased its stake in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 7.2% in the second quarter, HoldingsChannel.com reports. The firm owned 16,811 shares of the bank’s stock after acquiring an additional 1,122 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Sound Financial Bancorp were worth $739,000 at the end of the most recent reporting period.

Separately, Empowered Funds LLC increased its holdings in shares of Sound Financial Bancorp by 7.4% in the 1st quarter. Empowered Funds LLC now owns 12,660 shares of the bank’s stock valued at $509,000 after purchasing an additional 875 shares in the last quarter. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Sound Financial Bancorp Stock Performance

Shares of SFBC opened at $54.00 on Monday. The company has a 50-day simple moving average of $51.47 and a 200-day simple moving average of $44.66. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $138.08 million, a PE ratio of 23.18 and a beta of 0.68. Sound Financial Bancorp, Inc. has a 52-week low of $33.72 and a 52-week high of $55.99.

Sound Financial Bancorp (NASDAQ:SFBC) last announced its quarterly earnings results on Monday, July 29th. The bank reported $0.31 earnings per share (EPS) for the quarter. Sound Financial Bancorp had a net margin of 6.78% and a return on equity of 3.91%. The business had revenue of $8.61 million during the quarter.

Sound Financial Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Friday, August 9th were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, August 9th. This represents a $0.76 annualized dividend and a yield of 1.41%. Sound Financial Bancorp’s dividend payout ratio (DPR) is currently 32.62%.

Insider Buying and Selling at Sound Financial Bancorp

In other Sound Financial Bancorp news, Director Robert F. Carney sold 925 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $45.00, for a total transaction of $41,625.00. Following the completion of the transaction, the director now directly owns 6,934 shares in the company, valued at approximately $312,030. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 12.60% of the stock is currently owned by insiders.

Sound Financial Bancorp Profile

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.